CRYPTOKID: Tiberius Coin: The Cryptocurrency Backed by Physical Metal Value

The biggest and most common criticism of cryptocurrency is that this currency has no value in the traditional sense. This, of course, refers to the concept that all fiat money must, at some point, have a value rooted in objectively valued material goods.

For the United States, for example, the country's economy is measured by "gold standards." This means that all outstanding currencies are supported by an appropriate amount of gold, which has a default value.

Although the benefits of this argument are clearly unaccountable - most fiat economies no longer operate in this way - critics still stand in the way of mass cryptocurrency adoption for many people. They have a point too. Some economists postulate that the value of currencies like Bitcoin comes entirely from what people pay for it, and that the long-term sustainability of this system can be questioned.

However, some experts later argue that this cryptocurrency phenomenon might explode and the values associated with all of these decentralized coins will fall to the ground. Although many people in the cryptocurrency community see this as real magnifiers, it raises an interesting point: where did the value come from?

Some new coins are looking to change this system and provide a substantive answer to the question about this associated value. Startups This new generation tries to connect their currencies with real-world commodities, so as to provide values that are, in a sense, irreversible and completely objective. Although this may give a feeling of stability to the market, the success of many of these new coins has been ignored in the bet.

Tiberius hopes to achieve this difficult goal. The company and its ICO are seen creating a Tiberius coin, tcoin, a crypocurrency with value related to the value of physically-deliverable metals. The metals backing each Tiberius Coin have been specially chosen for their “optimal volatility and risk profile.” They include metals used in electronics manufacturing, electric vehicles, and other practical purposes.

The main goal of Tiberius Coin is to create a digital currency with intrinsic, relatively stable value. Unlike other coins that are backed largely by public opinion and usability, Tiberius Coin aims to put something tangible behind its cryptocurrency.

The Tiberius coin, or tcoin, will have three variations, each backed by metals stored in warehouses and refineries.

Stability Metals: Gold, platinum and palladium.
Technology Metals: Copper, tin and zinc.
Electric Vehicles Metals Nickel, cobalt and aluminium

There is mounting interest in the cryptocurrency markets in the concept of a “stable coin”, a digital asset which can avoid the wild price volatility which so characterizes the space. The company believes that increased concern over the risks of cryptocurrency trading could actually help the tcoin. The more concerned the market is about risk, the more attractive tcoin will be.

However, One of the big problems with asset-backed cryptocurrencies is that there are always fees associated with these currencies. The Tiberius Coin addresses this issue, stating that warehouse fees for the first year will be paid up front at new issuance. The company estimates that storage fees will be less than 2% per year, which is below the cost of inflation in most developed economies.

Benefits of Investing in Tiberius Coin

Secure and Stable

Tiberius Coin offers blockchain-based security. You can’t fool the blockchain. Tiberius Coin uses smart contracts that allow it to function like digital cash. This means less risk, less speculation, and an easy way to invest in technology. Zero is impossible with Tiberius Coin.

Flexible and Liquid

When Digital Assets crash and new regulations are introduced, cashing out is nearly impossible. Months and years of profit can be lost in minutes. Tiberius Coin doesn’t suffer from this problem because it is backed by the extremely liquid global metals market.

High Growth and No Fees

Invest in a token that will grow your money – not lose it. Tiberius Coin provides you with a unique way to profit from the soon-to-be $34 trillion technology sector.

Regulated and Transparent

The company embrace regulation and see it as a necessary stepping stone. They vision is to make investing more accessible to everyday investors like you by democratizing the entire process.

Additionally. Tiberius Coin ICO begins with a pre-sale from April 18 to June 18, 2018. There’s also a pre-ICO scheduled to take place from July 1 to July 29, followed by the main ICO from September 10 to October 10.

Tiberius Coin Details

Token Name: Tiberius Coin

Token Ticker: TCX

Platform: Ethereum

Type: ERC-20

Token Price in ICO: 1 TCX = 0.70 USD

Min. investment: 100 USD

Accepting: BTC, ETH, XRP, BCH, Fiat

Soft cap: 20,000,000 USD

Hard cap: 35,000,000 USD